EBI Regulatory Report #134

Business graphs and charts on table. Financial development, Banking Account, Statistics

EBI Report
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(27 May 2023)

Professor Dr. Christos V. Gortsos and Georgios Zervakis, LLM candidate
(Law School, National and Kapodistrian University of Athens)

All previous entries have been put in two archives, which can be retrieved here.

Main developments during the week 22 – 26 May 2023:

26 May  

  • ECB: Decisions taken by its Governing Council (in addition to decisions setting interest rates) 
  • ECB: Card fraud in Europe declines significantly 
  • ESAs: launch of discussion on criteria for critical ICT third-party service providers and oversight fees 

25 May 

  • ECB: Annual Report 2022 
  • European Commission: Commission approves the merger between Credit Suisse and UBS 
  • ESAs: proposals on ESG disclosures for STS securitisations 
  • ESAs: consultation to amend technical standards on the mapping of ECAIs’ credit assessments  
  • European Systemic Risk Board (ESRB): Crypto-assets and decentralised finance 
  • ESMA: risks arising from investment firms providing unregulated products and services 

24 May  

  • Eurostat: Report shows EU’s progress on Sustainable Development Goals 
  • Basel Committee on Banking Supervision: Margin dynamics in centrally cleared commodities markets in 2022 
  • IADI Fintech Brief No. 15 – Public Awareness Considerations in the Fintech Era: A Canadian Case Study 
  • EBA: publication of corrigendum of Guidelines on DGS contributions, amending the Guidelines on available financial means of DGS 
  • IOSCO: Margin dynamics in centrally cleared commodities markets in 2022 
  • Capital Markets Union: Commission proposes new rules to protect and empower retail investors in the EU 
  • ESMA: Opinion on Market Outages 
  • ESMA: Report on improvements needed in supervision of asset valuation 

23 May 

  • OECD: GDP Growth – First quarter of 2023 
  • Financial Stability Board: FSB Europe Group discusses risks to financial stability, including recent banking sector stress, DeFi and climate change 
  • SSM: ECB finalises guide of how to assess buyers of qualifying stakes in banks 
  • ESAs: Joint Annual Report for 2022 
  • IOSCO: Policy Recommendations for Crypto and Digital Asset Markets 
  • ESMA: request for input on rules for long term investment funds 

22 May 

  • OECD: Sovereign borrowing needs to rise in 2023 
  • EBA: revised templates for reporting of deposits subject to Russian and Belarusian economic sanctions 
  • Capital markets union: Council agrees its position on the instant payments proposal